LSL Property Services plc (LON:LSL) Announces Dividend of GBX 7.40

LSL Property Services plc (LON:LSL) declared a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 8th will be paid a dividend of GBX 7.40 ($0.10) per share on Friday, June 27th. This represents a yield of 2.79%. The ex-dividend date is Thursday, May 8th. This is a 85.0% increase from LSL Property Services’s previous dividend of $4.00. The official announcement can be accessed at this link.

LSL Property Services Price Performance

Shares of LSL traded up GBX 4 ($0.05) during mid-day trading on Wednesday, reaching GBX 269 ($3.48). The company had a trading volume of 29,817 shares, compared to its average volume of 76,772. The company’s 50 day simple moving average is GBX 278.36 and its 200 day simple moving average is GBX 288.71. The company has a market capitalization of £276.80 million, a price-to-earnings ratio of 26.00, a P/E/G ratio of 1.49 and a beta of 1.09. LSL Property Services has a 1-year low of GBX 252 ($3.26) and a 1-year high of GBX 355 ($4.60). The company has a debt-to-equity ratio of 62.42, a quick ratio of 1.06 and a current ratio of 1.30.

LSL Property Services (LON:LSL) last released its quarterly earnings data on Wednesday, March 26th. The company reported GBX 21.10 ($0.27) EPS for the quarter. LSL Property Services had a return on equity of 13.68% and a net margin of 6.74%. Analysts expect that LSL Property Services will post 24.137931 EPS for the current year.

Insider Buying and Selling

In other LSL Property Services news, insider Adam Castleton bought 8,725 shares of LSL Property Services stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average price of GBX 295 ($3.82) per share, with a total value of £25,738.75 ($33,323.08). 15.29% of the stock is currently owned by insiders.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.